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Cultural & Performing Arts · 2025

Media & Performing Arts Center

Every donor dollar traced from pledge to payment, on a venue where cost overruns would have been public news.

Owner
Confidential
Location
U.S.
Market
Cultural & Performing Arts
Our role
Cost management
Scale
$118M venue
Completed
2025
The brief

Cost control and change management for a donor-funded arts venue where every dollar had to be accounted for in public.

The venue was funded by donors, a public grant and a bond issue, each with its own reporting rules. The board had promised donors and the public a fixed budget. Change orders were arriving faster than they could be reviewed, and the owner had no forecast it trusted to tell the board what the final cost would be.

How we controlled it

The approach.

  1. 01

    A cost baseline by funding source

    We restructured the budget so every line traced to its funding source, with commitments and invoices tracked against each one.

  2. 02

    Change control with teeth

    Each change was independently priced, logged with its schedule impact and approved at the right authority level before work proceeded.

  3. 03

    Monthly EAC the board could read

    A monthly estimate at completion showed cost to date, committed cost, pending changes and contingency remaining in one table.

  4. 04

    Audit-ready records

    Every approval, invoice and change was filed so funders could audit the project at any point without a scramble.

The outcome.

$3.4MSaved through independent change pricing
212Change orders reviewed and closed
±1.5%Final cost vs. forecast
3Funding sources reconciled monthly

“When the money is donated, every dollar has a name on it. We made sure the board could account for each one.”

Cost management lead, KonradBeck
Cultural & Performing Arts

Planning something like this?

Share the program, the budget and the date that matters. A senior controls lead will tell you where the risk sits and how we would bring it under control.